Mayor Danny Avula presented the proposed budget to City Council during a meeting last month. (Screenshot)
Budget hearing Monday on $3B spending proposal for Richmond
Richmond City Council will hold a public hearing on the proposed budget for fiscal year 2026 at its 6 p.m. regular meeting Monday. A second public hearing is to be held May 12 before council votes on the proposal.
Mayor Danny Avula’s proposed $3 billion spending plan would keep real estate taxes at $1.20 per $100 of assessed value and includes a $1.05 billion general fund, a 5.5% increase over the current general fund. The plan would raise salaries for eligible general employees by 3.25% or more, and city funding for Richmond Public Schools would increase by $9.6 million to nearly $249 million, a 4% year-to-year increase.
The full budget proposal can be viewed on the city’s website. Council is in the process of reviewing the document in a series of workshops and are scheduled to submit initial amendments this week. Once adopted, the budget would take effect July 1, the first day of the fiscal year.
The full agenda for Monday’s meeting can be found here.
Modular home production warehouse, 180-unit apartment project on city planning agenda
The Richmond Planning Commission meets Tuesday at 6 p.m. The full agenda can be found here.
On the consent agenda is a special-use request from Project:Homes to build a warehouse for manufacturing modular homes at 112 Carnation St., beside the housing nonprofit’s headquarters building. A similar project was proposed two years ago but was rejected by City Council. Planning staff supports the request.
Also on the consent agenda are conceptual reviews for the Shockoe Project master plan and Lumpkin’s Slave Jail Pavilion.
On the regular agenda are special-use requests deferred from March for The Lawson Cos.’ plan for 180 income-restricted apartments on a 10-acre site at 5015 Snead Road in the Piney Knolls area, and for a plan to add six townhomes beside an existing four-unit multifamily dwelling at 3618 Hawthorne Ave., beside Laburnum Avenue.
Hype Counseling Services seeks special-use approval to use the building at 2701 Garland Ave. for adult transitional housing. Nearby, Troy Holdings LLC seeks a special-use permit for an adult outpatient therapy at 2700 North Ave.
Planning staff also will present the FY26-30 Capital Improvement Plan.
Two residential projects up for Chesterfield Planning Commission votes
A conceptual plan of the 165-lot cluster-style subdivision planned for 5539 Beulah Road. (County documents)
A pair of residential developments – one a cluster-style subdivision and the other an age-restricted apartment complex – are on this week’s agenda for the Chesterfield Planning Commission.
Finer Homes is seeking zoning approval for a 165-lot subdivision at 5539 Beulah Road, which is near the Chesterfield airport.
The project would consist of single-family, cluster-style homes on a 59-acre site. The minimum lot size for lots in the development would be 5,500 square feet, and the project would include recreational amenities, according to a staff report. There would be vehicular access to the development from Beulah Road and Kingsland Road.
Finer Homes is seeking approval for up to 166 units, though its site plan shows a development with one fewer lot than that request. The applicant is seeking to rezone the property to Residential (R-12) from its current Agricultural (A) designation, and is also requesting exceptions for lot size, setbacks and other aspects of the project.
Also for commissioners’ consideration is a proposal to build more than 200 age-restricted apartments in the Enon area.
Lingerfelt has filed a zoning request tied to the apartments project, which would be built on an 11-acre site at 12330 Kingston Ave. The project would consist of a three-building complex with 206 units. It would be accessible from Kingston, and have an emergency vehicle entrance on Hogan’s Alley, per a concept plan.
Lingerfelt has filed to rezone the property to Residential Multifamily (R-MF). The site is currently Neighborhood Business (C-2) and Residential (R-15). Exceptions are being sought for dwelling units per floor, density and setbacks.
The commission is slated this week to consider whether to recommend approval of the projects by the Board of Supervisors, which would decide on the projects at a future date.
The full agenda for Tuesday’s commission meeting can be found here.
Chesterfield board approves FY26 budget, reduces real estate tax rate
The Chesterfield Board of Supervisors has approved a $2.4 billion budget for the upcoming fiscal year 2026.
The budget includes a 1-cent reduction to the real estate tax rate, bringing it to 89 cents per $100 of assessed value.
Also approved with the budget was a $50,000 increase to the threshold at which the county collects BPOL, or Business, Professional and Occupational License taxes. The BPOL cutoff in Chesterfield will be $550,000 in annual gross receipts.
The FY26 budget has a $1 billion general fund, a 4.4% increase compared to the current FY25 budget’s general fund, which is the main operating fund for the county. The $44 million in spending growth in the coming year’s general fund includes $15 million in new local funding for the school division.
The county plans to spend a $15 million budget surplus from the current year toward a 5% credit on first-half 2025 real estate tax bills due in June.
The FY26 budget proposal that was announced in March remained unchanged by the time it came before Chesterfield supervisors last Wednesday.
Amid global economic uncertainty and a state budget that hadn’t been finalized as of last week, Chesterfield officials anticipated they could look to amend the county’s spending plan as those considerations come into focus.
“Tonight is a milestone but it is not the finish line in terms of this budget. The overall U.S. economy is certainly not on a clear path just yet, so we’ll continue to monitor that and continue to monitor what’s going on at the state level,” Deputy County Administrator Matt Harris told supervisors last week.
County officials previously shared that a range of cost-controlling measures were implemented in the FY26 budget proposal, such as decisions to reduce departmental budgets by more than $7 million and leave $22 million in budget funding requests unfunded.
Henrico supervisors adopt $1.3B budget for FY26
The Henrico Board of Supervisors last week unanimously approved the county’s operating and capital budgets for the 2025-26 fiscal year. The $1.35 billion spending plan will take effect July 1.
The budget expands support for education and public safety and fulfills the funding request of the Henrico School Board at $764 million, the county said in a release. It features $18.3 million in tax relief for residents and businesses, with a 2-cent reduction in the real estate tax rate to 83 cents per $100 assessed value. It also reduces the tax rates for vehicles and business personal property.
The plan makes an initial $50 million investment to bolster the county’s water infrastructure and includes a 6% pay increase for general government and school employees. The complete FY26 budget can be viewed online. An overview of key features is available here.
Richmond revenue manager awarded master treasurer certification
John Leybold receiving his master treasurer certification. (Photo courtesy City of Richmond)
John Leybold, revenue manager in the City of Richmond’s Department of Finance, was certified as a Master Governmental Deputy Treasurer by the Treasurers’ Association of Virginia.
The certification program is designed to advance the professionalism of local governmental treasurers and staffs in Virginia, according to the association’s website. A city release said requirements for the certification include coursework, exams, meetings and conferences.
Leybold has worked for the city for 11 years. In the release, Richmond Finance Director Sheila White described Leybold’s certification as “a testament to his deep, specialized understanding of local government finance,” adding: “We take great pride in John’s accomplishment and consider ourselves lucky to have such a committed and accomplished finance professional on Team Richmond.”
Mayor Danny Avula presented the proposed budget to City Council during a meeting last month. (Screenshot)
Budget hearing Monday on $3B spending proposal for Richmond
Richmond City Council will hold a public hearing on the proposed budget for fiscal year 2026 at its 6 p.m. regular meeting Monday. A second public hearing is to be held May 12 before council votes on the proposal.
Mayor Danny Avula’s proposed $3 billion spending plan would keep real estate taxes at $1.20 per $100 of assessed value and includes a $1.05 billion general fund, a 5.5% increase over the current general fund. The plan would raise salaries for eligible general employees by 3.25% or more, and city funding for Richmond Public Schools would increase by $9.6 million to nearly $249 million, a 4% year-to-year increase.
The full budget proposal can be viewed on the city’s website. Council is in the process of reviewing the document in a series of workshops and are scheduled to submit initial amendments this week. Once adopted, the budget would take effect July 1, the first day of the fiscal year.
The full agenda for Monday’s meeting can be found here.
Modular home production warehouse, 180-unit apartment project on city planning agenda
The Richmond Planning Commission meets Tuesday at 6 p.m. The full agenda can be found here.
On the consent agenda is a special-use request from Project:Homes to build a warehouse for manufacturing modular homes at 112 Carnation St., beside the housing nonprofit’s headquarters building. A similar project was proposed two years ago but was rejected by City Council. Planning staff supports the request.
Also on the consent agenda are conceptual reviews for the Shockoe Project master plan and Lumpkin’s Slave Jail Pavilion.
On the regular agenda are special-use requests deferred from March for The Lawson Cos.’ plan for 180 income-restricted apartments on a 10-acre site at 5015 Snead Road in the Piney Knolls area, and for a plan to add six townhomes beside an existing four-unit multifamily dwelling at 3618 Hawthorne Ave., beside Laburnum Avenue.
Hype Counseling Services seeks special-use approval to use the building at 2701 Garland Ave. for adult transitional housing. Nearby, Troy Holdings LLC seeks a special-use permit for an adult outpatient therapy at 2700 North Ave.
Planning staff also will present the FY26-30 Capital Improvement Plan.
Two residential projects up for Chesterfield Planning Commission votes
A conceptual plan of the 165-lot cluster-style subdivision planned for 5539 Beulah Road. (County documents)
A pair of residential developments – one a cluster-style subdivision and the other an age-restricted apartment complex – are on this week’s agenda for the Chesterfield Planning Commission.
Finer Homes is seeking zoning approval for a 165-lot subdivision at 5539 Beulah Road, which is near the Chesterfield airport.
The project would consist of single-family, cluster-style homes on a 59-acre site. The minimum lot size for lots in the development would be 5,500 square feet, and the project would include recreational amenities, according to a staff report. There would be vehicular access to the development from Beulah Road and Kingsland Road.
Finer Homes is seeking approval for up to 166 units, though its site plan shows a development with one fewer lot than that request. The applicant is seeking to rezone the property to Residential (R-12) from its current Agricultural (A) designation, and is also requesting exceptions for lot size, setbacks and other aspects of the project.
Also for commissioners’ consideration is a proposal to build more than 200 age-restricted apartments in the Enon area.
Lingerfelt has filed a zoning request tied to the apartments project, which would be built on an 11-acre site at 12330 Kingston Ave. The project would consist of a three-building complex with 206 units. It would be accessible from Kingston, and have an emergency vehicle entrance on Hogan’s Alley, per a concept plan.
Lingerfelt has filed to rezone the property to Residential Multifamily (R-MF). The site is currently Neighborhood Business (C-2) and Residential (R-15). Exceptions are being sought for dwelling units per floor, density and setbacks.
The commission is slated this week to consider whether to recommend approval of the projects by the Board of Supervisors, which would decide on the projects at a future date.
The full agenda for Tuesday’s commission meeting can be found here.
Chesterfield board approves FY26 budget, reduces real estate tax rate
The Chesterfield Board of Supervisors has approved a $2.4 billion budget for the upcoming fiscal year 2026.
The budget includes a 1-cent reduction to the real estate tax rate, bringing it to 89 cents per $100 of assessed value.
Also approved with the budget was a $50,000 increase to the threshold at which the county collects BPOL, or Business, Professional and Occupational License taxes. The BPOL cutoff in Chesterfield will be $550,000 in annual gross receipts.
The FY26 budget has a $1 billion general fund, a 4.4% increase compared to the current FY25 budget’s general fund, which is the main operating fund for the county. The $44 million in spending growth in the coming year’s general fund includes $15 million in new local funding for the school division.
The county plans to spend a $15 million budget surplus from the current year toward a 5% credit on first-half 2025 real estate tax bills due in June.
The FY26 budget proposal that was announced in March remained unchanged by the time it came before Chesterfield supervisors last Wednesday.
Amid global economic uncertainty and a state budget that hadn’t been finalized as of last week, Chesterfield officials anticipated they could look to amend the county’s spending plan as those considerations come into focus.
“Tonight is a milestone but it is not the finish line in terms of this budget. The overall U.S. economy is certainly not on a clear path just yet, so we’ll continue to monitor that and continue to monitor what’s going on at the state level,” Deputy County Administrator Matt Harris told supervisors last week.
County officials previously shared that a range of cost-controlling measures were implemented in the FY26 budget proposal, such as decisions to reduce departmental budgets by more than $7 million and leave $22 million in budget funding requests unfunded.
Henrico supervisors adopt $1.3B budget for FY26
The Henrico Board of Supervisors last week unanimously approved the county’s operating and capital budgets for the 2025-26 fiscal year. The $1.35 billion spending plan will take effect July 1.
The budget expands support for education and public safety and fulfills the funding request of the Henrico School Board at $764 million, the county said in a release. It features $18.3 million in tax relief for residents and businesses, with a 2-cent reduction in the real estate tax rate to 83 cents per $100 assessed value. It also reduces the tax rates for vehicles and business personal property.
The plan makes an initial $50 million investment to bolster the county’s water infrastructure and includes a 6% pay increase for general government and school employees. The complete FY26 budget can be viewed online. An overview of key features is available here.
Richmond revenue manager awarded master treasurer certification
John Leybold receiving his master treasurer certification. (Photo courtesy City of Richmond)
John Leybold, revenue manager in the City of Richmond’s Department of Finance, was certified as a Master Governmental Deputy Treasurer by the Treasurers’ Association of Virginia.
The certification program is designed to advance the professionalism of local governmental treasurers and staffs in Virginia, according to the association’s website. A city release said requirements for the certification include coursework, exams, meetings and conferences.
Leybold has worked for the city for 11 years. In the release, Richmond Finance Director Sheila White described Leybold’s certification as “a testament to his deep, specialized understanding of local government finance,” adding: “We take great pride in John’s accomplishment and consider ourselves lucky to have such a committed and accomplished finance professional on Team Richmond.”
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